Saturday, 9 July 2016

JOHN LEWIS SAY POUND'S SLUMP COULD BE "BIG ISSUE"

The retailer John Lewis says the slump in the value of the pound could become a big issue next year. They import about two thirds of their goods and one third is purchased in dollars so prices will rise but not until the second half of 2017 because they are hedged for the next year or so (HERE).

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